After graduating with an engineering degree in a field I enjoy, and taking my first job, I soon began asking myself what's next. I grew up alongside many kids whose parents funneled them into the typical "dream careers": doctor, lawyer, finance (and other people who got there on their own). After quickly hitting my head on the (relatively low) glass ceiling, I wondered if I hadn't missed out on huge opportunities in life.
I reconnected with one of these friends, and he told me his life wasn't perfect. He hadn't reached some state of perpetual bliss that I'd imagined. And he envied that I got to work on creative problems that provided constant challenge. Then he paid for lunch and drove off in his Porsche. If everyone can be happy or unhappy regardless of material things (as long as their basic needs are met), is it better to be rich and happy rather than middle-class and happy?
It's better to be happy than not happy. Rich/not is something different. I know many people in varying degrees along that scale and their happiness does not seem to be correlated to their wealth. Many in the lower end of the scale believe their happiness is tied to it, though.
When you say that happiness does not seem to be correlated to wealth do you mean that having a larger salary does not seem to be correlated to wealth or that having a more savings/less debt (to some extent this is two scales, to some extent it is one scale) does not seem to be correlated to wealth.
I find it hard to think of someone whose annual income is in the 200k+ range but who is in massive debt as rich or wealthy. Similarly, someone whose annual income is below 50k but who has no debt, owns their own home free and clear and has massive savings could easily be thought of as wealthy. Of course, "massive" when talking about money is relative to income and debt/savings are likely to be orthogonal to happiness to a large extent. With regards to money and happiness, I think the Micawber principle states it best: "Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery."
I reconnected with one of these friends, and he told me his life wasn't perfect. He hadn't reached some state of perpetual bliss that I'd imagined. And he envied that I got to work on creative problems that provided constant challenge. Then he paid for lunch and drove off in his Porsche. If everyone can be happy or unhappy regardless of material things (as long as their basic needs are met), is it better to be rich and happy rather than middle-class and happy?